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YGS-Construct

Active Private limited companyfounded 2017active for 9 yearsLeuvensesteenweg 30, 3191 BoortmeerbeekKBO/BCE: BE 0670.693.434

Lifetime

7 annual accounts with figures on one time axis
peak €35,980 (2023)
€21,461▲ 12×
lowest -€3,220 (2024)
€9,044▲ €12,264
peak €68,778 (2025)
€68,778▲ 15.1%
€80,775▲ 25.9%
Board1 name since 2017
1 directorGoossens Yuri
Documentsfilings and deeds
29-05-202629 days late
2025micro format
Gross margin from €1,773 to €21,461Back to profit: €9,044Change of role: Goossens Yuri, from manager to director 30-12Equity from €59,733 to €68,778Debts from €64,170 to €80,775Investments €12,373

Key points

from the 2025 annual accounts

Turnover

≈ €89,000 estimated

The micro format states no turnover.

Investments

€10,373 1.8 × depreciation
202220242025

Green is investment, beige is depreciation.

Filings

7 annual accounts 2 late
deadline20202025

The 2025 accounts came latest: 29 days after the end of the period.

Checked score

96
Excellent
Financially stronger than 72% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

71-2equity 46.0% of total assets
73-1short-term debt 52.8% · cash 70.9%
76+10return on assets 6.0%

Score breakdown

lowers risk
Liquidity: current ratio 1.55, cash €106,019
Sector: Real estate activities (NACE 68)
Equity €68,778 (46.0% of total assets)
Size: total assets €149,552
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 61% of them on solvency, 82% on liquidity, 72% on profitability and 71% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as YGS-Construct has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of YGS-Construct itself is lower: < 0.1% within 12 months. It rests on far more data about YGS-Construct than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for YGS-Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.55 (1.61 in 2024), above the usual 1.5. Short-term debt is 52.8% and cash 70.9% of total assets. However, 54% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.55, cash €106,019
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Equity €68,778 (46.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €149,552
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
29 days late
2024
22 days late
2023
on the day
2022
6 days early
2021
30 days early
2020
15 days early
2018
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GY
Director, since 02-02-2017
Board & ownership

Recent changes

Change of role: Goossens Yuri, from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 18-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0670693434
Incorporation published on 06-02-2017 · Gazette deed
First establishment Leuvensesteenweg 30, Boortmeerbeek
All 14 events

Comparable companies

same main activity, similar in size and age
Company
YGS-Construct Boortmeerbeek €149,552 €21,461 46.0% -
LECONA Aalter €138,835 €17,225 59.7% -
VL Developments Westerlo €138,287 €15,706 12.7% -
IMMO CLERVAL Morlanwelz €156,562 €23,942 -60.6% -
Sophie Development Antwerp €165,016 €28,388 12.4% -
Blocks & Concrete Heusden-Zolder €125,580 €21,935 76.4% -
ELNO CONSTRUCT Glabbeek €203,954 €24,430 14.8% -

These companies have the same main activity as YGS-Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €126,000 and €204,000, founded between 2015 and 2018.

Official details

Source: KBO
Status
Active since 02-02-2017Normal situation
Activity
Development of residential building projectsNACE 68121
Establishment unit
2.262.465.9093191 Boortmeerbeek, since 02-02-2017
Financial year end
30 September
Peppol
Reachable since 29-12-2025
Company details

Annual accounts to 30-09-2025

€149,552▲ 20.7%
Filing
Filed on 29-05-2026
Financials

Insights on YGS-Construct

YGS-Construct files the micro format. That format states no turnover. The gross margin rose from €15,468 in 2018 to €21,461 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about YGS-Construct

What is the company number of YGS-Construct?
The company number of YGS-Construct is 0670.693.434. The VAT number is the same number with BE in front: BE 0670.693.434.
Where is YGS-Construct based?
The registered office is at Leuvensesteenweg 30, 3191 Boortmeerbeek.Company details
What does YGS-Construct do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of YGS-Construct?
YGS-Construct is a private limited company (BV).
When was YGS-Construct founded?
YGS-Construct was founded on 02-02-2017.
Is YGS-Construct still active?
Yes, YGS-Construct is an active enterprise in the KBO register.
What is the turnover of YGS-Construct?
The turnover in financial year 2025 is ≈ €89,000. This figure is estimated from the gross margin of €21,461 and 48 comparable companies (NACE 68121). It probably lies between €44,000 and €280,000. It is a rough estimate.Financials
Is YGS-Construct profitable?
In financial year 2025, YGS-Construct made a profit of €9,044.
Where can I find the annual accounts of YGS-Construct?
YGS-Construct filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of YGS-Construct due?
YGS-Construct must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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